Solar Industries India Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 17,158.3 million compared to INR 13,474.6 million a year ago. Revenue was INR 17,462.8 million compared to INR 13,551.8 million a year ago. Net income was INR 2,858.8 million compared to INR 2,001.4 million a year ago. Basic earnings per share from continuing operations was INR 31.59 compared to INR 22.12 a year ago. Diluted earnings per share from continuing operations was INR 31.59 compared to INR 22.12 a year ago.
For the six months, sales was INR 34,006.3 million compared to INR 30,296.7 million a year ago. Revenue was INR 34,553.7 million compared to INR 30,455.8 million a year ago. Net income was INR 5,723.4 million compared to INR 3,975.5 million a year ago. Basic earnings per share from continuing operations was INR 63.25 compared to INR 43.93 a year ago. Diluted earnings per share from continuing operations was INR 63.25 compared to INR 43.93 a year ago.
Solar Industries India Limited is an India-based integrated global explosives company. The Company is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The Company's products include industrial explosives and defense. Its industrial explosives products include packaged emulsion explosives, bulk explosives and explosive initiating systems. Its industrial explosives include superpower 90, solargel, solar prime, solar prime gold, Eco Power, and others. The Company's defense products include high energy materials, such as HMX, RDX, TNT and their compounds; composite propellants for Pinaka, Akash, Brahmos, PSOMXL and Skyroot, among others; 30 mm ammunition, multi-mode hand grenade, mines, warheads, bund blasting device; artillery fuses, ASW fuses, Pyros and igniters; chaff payloads; loitering munition; rocket integration, and explosives filling of ammunition.
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
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